XML 51 R39.htm IDEA: XBRL DOCUMENT
v3.23.1

Bank and Other Loans Payable (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Debt Disclosure [Abstract] |
Summary of Bank Loans Payable | Bank and other loans payable are summarized as follows: Summary of Bank Loans Payable
|  | December 31 |
|  | 2022 |  |  | 2021 |
|  | $ | 1,690,892 |  |  | $ | 2,481,878 |
Prime rate note payable in monthly installments of $75,108 including principal and interest,collateralized by shares of Security National Life Insurance Company stock, due December 2024. |  | $ | 1,690,892 |  |  | $ | 2,481,878 |
4.329% fixed note payable in monthly installments of $9,775 including principal and interest,collateralized by real property with a book value of approximately $3,023,000, paid in full April 2022. |  |  | - |  |  |  | 1,825,608 |
4.00% variable with LIBOR at a 1% floor and a spread at 3% rate construction loan collateralized by real property with a book value of approximately $65,422,000, paid off with long term financing in May 2022. |  |  | - |  |  |  | 34,547,181 |
3.85% fixed note payable in monthly installments of $243,781 including principal and interest, collateralized by real property with a book value of approximately $65,422,000, due June 2032. |  |  | 48,613,833 |  |  |  | - |
3.30% fixed note payable in monthly installments of $179,562 including principal and interest, collateralized by real property with a book value of approximately $46,960,000, due April 2031. |  |  | 39,298,298 |  |  |  | 40,090,359 |
4.7865% fixed interest only note payable in monthly installments, collateralized by real property with a book value of approximately $16,948,000, due June 2028. |  |  | 9,200,000 |  |  |  | 9,200,000 |
1 month SOFR rate plus 2.1% loan purchase agreement with a warehouse line availability of $100,000,000, matures June 2023. |  |  | 17,978,527 |  |  |  | 66,305,025 |
1 month SOFR rate plus 2% loan purchase agreement with a warehouse line availability of $100,000,000, matures November 2023. |  |  | 29,768,762 |  |  |  | 50,555,909 |
1 month SOFR rate plus 2.5% loan purchase agreement with a warehouse line availability of $75,000,000, matures May 2023. |  |  | 15,131,410 |  |  |  | 43,196,986 |
1 month SOFR rate plus 2.1% loan purchase agreement with a warehouse line availability of $50,000,000, matures June 2023. |  |  | - |  |  |  | 1,764,386 |
Other short-term borrowings (1) |  |  | - |  |  |  | 1,250,000 |
Finance lease liabilities |  |  | 31,082 |  |  |  | 62,767 |
Other loans payable |  |  | - |  |  |  | 6,828 |
Total bank and other loans |  |  | 161,712,804 |  |  |  | 251,286,927 |
Less current installments |  |  | 65,560,608 |  |  |  | 164,747,672 |
Bank and other loans, excluding current installments |  | $ | 96,152,196 |  |  | $ | 86,539,255 |
(1) |  | Revolving Line of Credit
Schedule of Combined Maturities of Bank Loans Payable Lines of Credit and Notes and Contracts Payable | The following tabulation shows the combined maturities of bank and other loans payable: Schedule of Combined Maturities of Bank Loans Payable Lines of Credit and Notes and Contracts Payable
2023 |  | $ | 65,560,608 |
2024 |  |  | 2,785,674 |
2025 |  |  | 1,981,991 |
2026 |  |  | 1,883,515 |
2027 |  |  | 1,997,551 |
Thereafter |  |  | 87,503,465 |
Total |  | $ | 161,712,804 |

X
- Definition Schedule of Combined Maturities of Bank Loans Payable, Lines of Credit and Notes and Contracts Payable [Table Text Block] + References No definition available. + Details
Name: | SNFCA_ScheduleOfCombinedMaturitiesOfBankLoansPayableLinesOfCreditAndNotesAndContractsPayableTextBlock
Namespace Prefix: | SNFCA_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of Bank Loans Payable [Table Text Block] + References No definition available. + Details
Name: | SNFCA_SummaryOfBankLoansPayableTextBlock
Namespace Prefix: | SNFCA_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration